JC with 65k a year you will have a hard time buying a house anywhere in the USA. You have to earn more money!
Very good reason why bubble should pop (and it will). FED should take note. If I am correct, 65K is a fine middle class income isn't it? If a middle class household can't buy a shelter, obviously it is a market distortion.
As for the "more money" comment – 65K puts a person in probably top 2% of income in the world. And the other 98% are not all stupid. Flat world will ensure that "more money" is harder to come by.
